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Retail, 144-146 Graham Street, Wonthaggi, Vic 3995

Retail, 144-146 Graham Street, Wonthaggi, Vic 3995

Retail Land/Development

  • Sold Contact Agent
  • Thu 02-Nov-17

Two Shops on One Title with Established Tenants

  • Renewed 4 & 5 year leases
  • Fixed rent increases
  • Secure trade catchment

  • Land Area
  • 482.00 m² (approx)
  • Floor Area
  • 312 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Feb 01, 2018

Interested in this property? Contact an Agent today

Burgess Rawson - Melbourne

Level 7,140 Bourke Street

Melbourne Vic 3000

Scott Meighan
Raoul Holderhead
PBE Real Estate - Wonthaggi

38-40 McBride Ave

Wonthaggi Vic 3995

Danny Crellin

Two Shops on One Title with Established Tenants

Gusto Gelateria & Pastry – 156 sqm premises
– Renewed 4 + 4 + 4 year lease to 2028
– Successful Gippsland retailer with second outlet in Inverloch, plus pizzeria in Meeniyan

Noodle Canteen – 156 sqm premises
– Renewed 5 + 5 +5 year lease to 2032
– Established 10 year business

Strategic 482 sqm site with 10m retail frontage, rear access & parking
Prime retail position amongst McDonald’s, IGA, ANZ, Australia Post, Pharmacy
Fixed rent increases / Tenants pay all usual outgoings as per Leases
Wonthaggi: Bass Coast commercial centre, home to $5.7B desalination plant, trade catchment circa 20,000 plus seasonal holiday influx, located 82km south-east of metro Melbourne
Combined Rent: $64,523 pa (December 2017)

To be sold in one line

Retail, 144-146 Graham Street, Wonthaggi, Vic 3995

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